Huawei Investment & Holding Co Ltd ranked first in the China Top 500 Private Enterprises this year, with operating revenue of 721.2 billion yuan ($102 billion), according to a report released by the All-China Federation of Industry and Commerce on Aug 22.

Companies in this year's list should at least register operating revenue of about 18.59 billion yuan, as per the rankings.

In 2018, 12 enterprises had operating revenue of more than 300 billion yuan, an increase of 3 enterprises over the previous year, said Huang Rong, vice-chairman of the ACFIC.

Here are this year's top 10 Chinese private enterprises by operating revenue.